Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) Reaches New 52-Week High – Still a Buy?

Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT)’s share price reached a new 52-week high on Thursday . The stock traded as high as $61.86 and last traded at $61.7780, with a volume of 55003 shares changing hands. The stock had previously closed at $61.05.

Dimensional U.S. Targeted Value ETF Stock Up 0.5%

The business has a fifty day moving average price of $59.11 and a 200-day moving average price of $57.71. The company has a market cap of $12.60 billion, a P/E ratio of 12.39 and a beta of 1.04.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. CoreFirst Bank & Trust acquired a new position in shares of Dimensional U.S. Targeted Value ETF in the third quarter valued at about $26,000. Trust Co. of Toledo NA OH bought a new stake in Dimensional U.S. Targeted Value ETF in the 2nd quarter valued at about $27,000. CIBC Private Wealth Group LLC grew its position in shares of Dimensional U.S. Targeted Value ETF by 59.0% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 655 shares of the company’s stock worth $38,000 after purchasing an additional 243 shares in the last quarter. IAG Wealth Partners LLC increased its holdings in shares of Dimensional U.S. Targeted Value ETF by 350.8% during the third quarter. IAG Wealth Partners LLC now owns 852 shares of the company’s stock worth $50,000 after purchasing an additional 663 shares during the period. Finally, Hantz Financial Services Inc. bought a new position in shares of Dimensional U.S. Targeted Value ETF during the second quarter worth approximately $53,000.

Dimensional U.S. Targeted Value ETF Company Profile

The Dimensional U.S. Targeted Value ETF (DFAT) is an exchange-traded fund that mostly invests in extended market equity. The fund is an active, tax-managed fund that seeks to provide long-term capital appreciation from a portfolio of US mid- and small-cap value stocks. DFAT was launched on Dec 11, 1998 and is managed by Dimensional.